Vietnamplus

Nearly 10 million made-in-Vietnam products were sold globally through Amazon - the world’s largest e-commerce platform - over the past 12 months.

According to an E-Commerce and Digital Economy Department representative, Vietnam's e-commerce in 2022 will continue to record double-digit growth and rise to the third position in Southeast Asia.

Vietnamese tech firms should expand cooperation in research and development (R&D) and technology transfer to be able to make electronics, information technology and telecommunications (ITC) products branded “Made in Vietnam”, experts said at a conference on July 5 in HCM City.

Many Vietnamese businesses have won preference from consumers thanks to their product quality and active participation in major events to further promote domestic goods. ​

The Vietnam E-commerce and Digital Economy Agency (iDEA), under the Ministry of Industry and Trade (MoIT), and Amazon Global Selling signed a Memorandum of Understanding (MoU) on July 7 to collaborate in supporting the manpower development for enterprises to unlock opportunities with e-commerce exports.

Vietnam is expected to become a new production hub of the world, as “Made in Vietnam” products are winning larger shares in the international market, according to Russia's Sputnik news agency.

Vietnam has seen sharp growth in the number of businesses run by women, the Vietnam Chamber of Commerce and Industry has said.

An online workshop was held on August 20, providing training and networking activities to help connect Vietnamese enterprises with foreign distribution networks.

Doosan Heavy Industries Vietnam (Doosan Vina) has exported three huge desalination devices with a total weight of over 2,000 tonnes to Bahrain, a company representative announced on April 7.

Vietnamese products have entered over 200 markets around the world including markets with strict import regulations and standards, according to the Ministry of Industry and Trade.

A circular on "Made in Vietnam" products was expected to help businesses avoid accusations of fraud, said Deputy Minister of Industry and Trade Tran Quoc Khanh at a conference held in Hanoi on September 25.

The capital city of Hanoi’s industry and trade sector has developed models to supply “made-in-Vietnam” products to rural areas, as well as industrial and processing zones which employ millions of labourers.

Vietnam resolutely prevents and strictly handles trade and origin frauds in the domestic market as well as export-import activities in a bid to protect legitimate interests of local businesses and consumers, Foreign Ministry spokesperson Le Thi Thu Hang said on August 8.

Politburo member and permanent member of the Party Central Committee’s Secretariat Tran Quoc Vuong has asked for more efforts to make made-in-Vietnam products dominate the domestic market and gain a firm foothold overseas.

The Ministry of Industry and Trade (MoIT) has proposed the Government promulgate regulations on Vietnamese goods and ‘Made in Vietnam’ products as there are no specific rules on the issue.

Thailand and Vietnam will achieve the target of raising two-way trade value to 20 billion USD in 2020, Thai Trade Counsellor to Vietnam Pannakarn Jiamsuchon said in an interview granted to the Cong Thuong (Industry-Trade) newspaper.

Vietnam’s export earnings from Thailand, a competitive market in the region, has increased sharply in recent years, with an annual average turnover of 4-5 billion USD. ​

After 10 years of implementation, the campaign "Vietnamese people prioritise using Vietnamese goods" has affirmed an important role for domestic trade.

The Vietnam International Trade Fair for this year, the Vietnam Expo 2019, will be held in Hanoi from April 10-13, organisers said on March 29.

The Ministry of Industry and Trade’s Import – Export Department has recently warned of the increase in trade fraud through labeling products as “Made-in-Vietnam”.